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Do you want cheap rates for sufficient coverage? Then read through and implement the following well-proven time-tested tips for paying a lot less... 1. You're certainly paying too much if you have collision and comprehensive coverage for an old car that is not a classic. This is because you are compensated based on what is called the Kelly Blue Book value of your car at the time you make a claim. This means that not minding how much you paid and for how long you did, you may get absolutely nothing if the book says it's not worth anything by the time you make a claim. So stop wasting your money. Once your car becomes old, drop collision and comprehensive coverage on it. Doing this will save you much and not compromise you in any way. 2. Raise your deductible and you'll get lower rates. The right approach is to go for the highest deductible that you can afford with relative ease. I must remind you that you're bound by law to make this amount available if you ever file a claim. So make very high but keep it within easy reach. 3. Your rate is seriously affected by your total mileage. Therefore do all within your power to NOT drive your car whenever there is a good alternative. This certainly makes sense if you live in an urban area where you have access to standard mass transit systems. Another great option for those who want to reduce their mileage is carpooling. 4. We all are aware of the fact that no age range pays as much for auto insurance as those who are below 25 years of age. However, one thing you can do to get lower rates if you are part of this age range is keep getting good grades. It's known as the good student discount. The good student discount is for those who get A's or not less than B's. This will attract a discount of about five percent. This discount is given because insurance providers believe there is a correlation between good grades and a young person's behavior while driving. Reckless students are very unlikely to maintain good grades. 5. Make out some time to visit at least 5 insurance quotes sites that provide quotes on auto insurance policies. Doing this will require around 25 minutes. While you visit each quotes site, make sure you give the same details. Doing otherwise will give you misleading results. After you've obtained your auto insurance quotes, compare them to see which serves your interest best in price/value.
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